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Sensex drops 142 points, tracking weak global cues

Mumbai (Maharashtra) [India], May 3 (ANI): The key equity benchmarks of the domestic market made losses in morning trade on Wednesday, tracking weak global cues. Investors turned cautious amid the anticipation that the US Federal Reserve might hike key policy rate later on Wednesday.
Sensex and Nifty had been ending in the green for eight consecutive days till Tuesday. BSE Sensex was down 142 points to 61,212.97 and Nifty